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Austin Schroeder

Soybeans Slide Lower Ahead of Trump/Xi Call on Friday

Donald Trump CmdtyView Oil

Soybeans posted Thursday losses of 6 to 7 cents across most contracts. The cmdtyView national average Cash Bean price as down 6 1/4 cents at $9.60 1/2. Soymeal futures were 90 cents to $2 lower in the front months on Thursday. Soy Oil futures were down another 36 to 67 points on the day. 

President Trump is expected to hold a phone call with China’s President XI on Friday morning, as the two are likely to discuss trade talks.

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